 |
| ©serialtradersfx |
Hello traders, in today's article we are gonna discuss how you can be able to escape the forex trading matrix, in most cases we as traders find our selves stuck in in one position that we don't like.We might be knowing how what to do inorder to become profitable but still we do the things that will keep up losing traders and that becomes normal to us not because we want that for us but just because as humans, our brains are programmed to always seek comfortability, as long as our brains start to sense uncomfortability ,we immediatly switch mood and start to look for what is comfortable, yet we all know that keeps us lagging behind and to be different, you have to do different.
So in today's article lets discuss things you have to know as a trader in order to improve yourself with time and maybe you'll start to know whether trading is for you or not.
You have to understand the funnel.
What's the funnel? I know you might be confused right now cause you dont understand wtf is the funnel..We all know that in every game, there is a set up, the set of the forex market is designed not to favour you at any point whatsoever, if you understand the funnel you'll understand what i mean here.
The funnel is composed of multiple parties which include; retail traders like you and me often called dump money or stupid money ,we're not stupid, were just uninformed and then we have the educator or the guru, the person that is basically motivating you to get into forex ,often telling you that trading is easy mostly we find these on social media ,the next party is the broker these retail brokers hedge positions for the winning traders and take positions against the losing traders so basically how these guys keep there money flowing in is through the investment bank which is often referred to as Smart Money.
Typically these brokers have deals with the investment banks to provide them witth the backend to see what the retail traders are up to and what the smart money do is they can use the information to get in and out of there positions.
So as you see, there is a deal between everybody but basically if you are a retail trader, someone who is trading with under $500000 ,just know you're at the bottom of the pool. the educator( your mentor) has a deal with the broker and the broker has a deal with the investment bank,, you as the retail trader, youre just a liquidity provider, you provide liquidity for the move and for the investment banks to get in and out of their positions.
How can you escape from this?
To be on the right side of the market, you have to be knowing what you're doing, learn more about the market, ask your mentors questions ,dont trust everything you see on the internet. Get off all the noise on internet the lamborghinis ,the expensive watches you see online are meant to destruct you don't trust the gurus most probably the money they re flexing is not even from forex, it's the money from the brokerage referrrals and vip groups. All you need is one strategy, discipline and confidence trust me your trading will be different. Focus on developing your personal life and in this way
Post a Comment